Norwegian Makes Progress On Restructuring Plans

Credit: Joe Pries
Norwegian Air Shuttle is closer to reaching a restructuring agreement to secure its survival. The indebted carrier has obtained a 50-day extension to its creditor protection and set out a new capital raise plan targeting existing creditors and new investors. Norwegian was hit hard by the plunge in...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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